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Lighthouse Properties (JSE:LTE) Gross Profit : R1,105 Mil (TTM As of Jun. 2024)


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What is Lighthouse Properties Gross Profit?

Lighthouse Properties's gross profit for the six months ended in Jun. 2024 was R570 Mil. Lighthouse Properties's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was R1,105 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lighthouse Properties's gross profit for the six months ended in Jun. 2024 was R570 Mil. Lighthouse Properties's Revenue for the six months ended in Jun. 2024 was R932 Mil. Therefore, Lighthouse Properties's Gross Margin % for the quarter that ended in Jun. 2024 was 61.15%.

Lighthouse Properties had a gross margin of 61.15% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Lighthouse Properties was 87.95%. The lowest was 52.99%. And the median was 74.48%.

Warning Sign:

Lighthouse Properties PLC gross margin has been in long-term decline. The average rate of decline per year is -9%.


Lighthouse Properties Gross Profit Historical Data

The historical data trend for Lighthouse Properties's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lighthouse Properties Gross Profit Chart

Lighthouse Properties Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 456.26 348.30 432.45 828.65 937.59

Lighthouse Properties Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 387.12 404.74 401.70 535.68 569.70

Competitive Comparison of Lighthouse Properties's Gross Profit

For the Real Estate Services subindustry, Lighthouse Properties's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lighthouse Properties's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lighthouse Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lighthouse Properties's Gross Profit falls into.



Lighthouse Properties Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Lighthouse Properties's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1769.344 - 831.75
=938

Lighthouse Properties's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=931.592 - 361.897
=570

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,105 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Lighthouse Properties's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=570 / 931.592
=61.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Lighthouse Properties  (JSE:LTE) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lighthouse Properties had a gross margin of 61.15% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Lighthouse Properties Gross Profit Related Terms

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Lighthouse Properties Business Description

Traded in Other Exchanges
N/A
Address
IL-Piazzetta, Tower Road, 4th Floor, Office 41, Block A, Sliema, MLT, SLM 1605
Lighthouse Properties PLC is engaged in investing in direct property and infrastructure assets as well as in listed real estate and infrastructure securities. The firm operates in three segments: Listed infrastructure, Listed real estate, and Direct property out of which the Direct property segment accounts for the majority of revenue.

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